Latest numbers released by Iran’s Customs Bureau show 21% growth in the country’s non-crude oil exports in the first nine months of the current Iranian calendar year, totaling more than $22 billion. The figure includes the export of natural gas and petrochemical products. China, Iraq, UAE, India and Afghanistan, in that order, were the biggest importers of Iranian non-crude products. (In addition, Iran exports approximately 2.1 million barrels a day of crude oil. Crude export figures are not released by the Customs Bureau).
Iran’s imports were at $47 billion, a 26% increase over the first nine months of last year. In the same period, the Iranian currency lost some 4.5% of its value against US dollar (from 9,897 rials per dollar to 10,338 rials).